1187 S 1ST Avenue, Thatcher, AZ 85552

$65,000
Property Type: Residential Bedrooms: 2 Baths: 1 Square Footage: 664 Lot Size (sq. ft.): 17,413 Status: Active
Current Price: $65,000 Last Modified: 8/30/2026

Overview

Description

Opportunity in the heart of Thatcher! Situated on approximately 0.39 acres (16,988 sq. ft.), this property offers a sizeable in-town lot in an established Thatcher location. The existing 1950 residence is considered to have little to no contributory value and will likely require substantial rehabilitation or removal, allowing a buyer to envision a fresh start with the property. Conveniently located near Eastern Arizona College, Thatcher schools, shopping, dining, and the amenities of the Gila Valley, with Mount Graham and outdoor recreation within easy reach. A great opportunity for someone looking for property in Thatcher with room to create their own vision. Buyer to independently verify utilities, zoning, property boundaries, and intended use with the appropriate governing authorities.

Listing Details MLS# 7073277

Location, Tax & Legal

House Number
1187
Compass
S
Street Name
1ST
St Suffix
Avenue
City/Town Code
Thatcher
State/Province
AZ
Zip Code
85552
Zip4
5300
Country
US
County Code
Graham
Assessor Number
104-36-002
Subdivision
None
Tax Year
2025
Assessor's Map #
36
Legal Description (Abbrev)
COMM AT NW COR SEC 13 T7S R25E TH S 00DEG 06MIN 45SEC W 1672.57' TO POB, TH S 77DEG 42MIN 36SEC E 24
Assessor's Parcel #
2
Tax Municipality
Graham - COUNTY
Taxes
460

Contract Information

Type
Exclusive Right To Sell
Ownership
Fee Simple
Co-Ownership (Fractional) Agreement YN
No

General Property Description

Dwelling Type
Single Family Residence
Dwelling Styles
Detached
Exterior Stories
Yes
# of Interior Levels
Yes
# Bedrooms
2
Full Bathrooms
Yes
Total Bathrooms
Yes
Approx SQFT
664
Price/SqFt
97.89
Horses
Y
Builder Name
unknown
Year Built
1950
Lead Based Hazard Disclosure
Yes
Approx Lot SqFt
17413
Approx Lot Acres
0.4
Community Pool Y/N
No
Private Pool Y/N
No
Fireplace YN
No
Elementary School District
Thatcher Unified District
High School District
Thatcher Unified District
Elementary School
Thatcher Elementary School
Jr. High School
Thatcher Middle School
High School
Thatcher High School
Half Bathrooms
0

Remarks Misc

Directions
From Thatcher Blvd, turn south on South 1st Ave, follow to Ditch Bank Rd, property on NE corner.

Legal Info

Township
07S
Range
25E
Lot Number
-

Basement

Basement Y/N
N

More Information

Showing Notification Methods

Showing Service
Aligned Showings

DPR Eligible

DPR Eligible
Yes

Special Listing Cond

N/A
Yes

Construction

Wood Frame
Yes

Const - Finish

Other (See Remarks)
Yes

Roofing

Other
Yes

Association & Fees

HOA Y/N
N
PAD Fee Y/N
N
Land Lease Fee Y/N
N
Ttl Mthly Fee Equiv
0

Lockbox Type

None
Yes

Master Bathroom

None
Yes

Dining Area

Other (See Remarks)
Yes

Heating

None
Yes

Kitchen Features

None
Yes

Cooling

Other
Yes

Laundry

None
Yes

Separate Den/Office

Sep Den/Office Y/N
N

Fencing

None
Yes

Water Source

City Water
Yes

Spa

None
Yes

Sewer

Sewer - Public
Yes

Parking Spaces

Slab Parking Spaces
0
Total Covered Spaces
0

New Financing

Cash
Yes
Conventional
Yes

Utilities

Oth Elec (See Rmrks)
Yes

Existing 1st Loan

Treat as Free&Clear
Yes

Property Description

Corner Lot
Yes

Landscaping

None
Yes

Services

City Services
Yes

Disclosures

Seller Discl Avail
Yes

Possession

Close of Escrow
Yes

Association Fee Incl

No Fees
Yes

Assoc Rules/Info

None
Yes

Property Features

Special Listing Cond: N/A Master Bathroom: None Spa: None Dining Area: Other (See Remarks) Kitchen Features: None Laundry: None Construction: Wood Frame Const - Finish: Other (See Remarks) Roofing: Other Cooling: Other Heating: None Utilities: Oth Elec (See Rmrks) Water Source: City Water Sewer: Sewer - Public Services: City Services Fencing: None Property Description: Corner Lot Landscaping: None Lockbox Type: None Possession: Close of Escrow Association Fee Incl: No Fees Existing 1st Loan: Treat as Free&Clear New Financing: Cash; Conventional Disclosures: Seller Discl Avail
IDX
Listing Office: West USA Realty
Last Updated: August - 30 - 2026
Copyright 2026 Arizona Regional Multiple Listing Service, Inc. All rights reserved. Information Not Guaranteed and Must Be Confirmed by End User. Site contains live data.